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Would It Be Wise to Sell My UK Property Pre-Brexit and Rent Until It All Blows Over?

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If we’re honest, 2020 has been a chaotic and confusing year – and the British housing market has been no exception. We started the year under the seemingly endless cloud of Brexit uncertainty, which was having a mixed effect on the property market.

When lockdown hit, house moves were temporarily suspended, throwing people’s sales, moves and lives into disarray. Now, a stamp duty holiday on homes under £500,000 is overheating the market. The situation for landlords and tenants has been similarly up and down. Rental values remained strong throughout the year, except in London, where a lockdown-driven exodus has depressed prices.

If you’re planning to sell your UK property soon, you’re probably wondering what the best strategy is. Many people see the benefit of selling up now to secure a high price while the going’s good, but may be cautious about purchasing at the moment.

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